
These two Direxion ETFs are designed to deliver daily investment outcomes that mirror or invert the performance of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) common shares, before accounting for fees and expenses. Specifically, the Direxion Daily TSM Bull 2X ETF seeks to provide double (200%) the daily return of TSM's stock, while the Direxion Daily TSM Bear 1X ETF aims for a daily return equal to 100% of the inverse (or opposite) movement of TSM.
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Direxion Daily TSM Bull 2X ETF (TSMX) is purpose-built for short-term speculation or hedging, not long-term investment. TSMX's leveraged structure amplifies both gains and losses, with daily price swings often exceeding 4-6%. Performance divergence over time is inherent due to the leveraged construction, eroding returns if held long-term.

Direxion Daily TSM Bull 2X Shares (NASDAQ: TSMX - Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 124,612 shares, a growth of 200.3% from the February 12th total of 41,493 shares. Currently, 2.4% of the company's stock

Taiwan Semiconductor Manufacturing (TSM) delivered strong results last week while telling investors it expects 2026 sales to surge 30%, confirming the theme of artificial intelligence (AI) spending is alive and well. The world's largest semiconductor foundry operator also signaled robust margin expansion.

SG Americas Securities LLC bought a new position in shares of Direxion Daily TSM Bull 2X Shares (NASDAQ: TSMX) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,900 shares of the company's stock, valued at approximately $842,000. SG

Micron smashed its fiscal Q4 earnings with beats across the board and positive guidance on Tuesday, which should gives bulls more room to run. However, its largest peer in the semiconductor space, Nvidia, could be heading in the opposite direction.